Music industry faces pricing probe on downloads

Article Abstract:

The music industry is being investigated by the United States Securities and Exchange Commission into collusion on the price of online music downloads. Apple Computer Inc.'s iTunes Music Store, Warner Music Group, Sony BMG Music Entertainment and Vivendi Universal S.A.'s Universal Music Group have all been subpoenaed.

Legal issues & crime, Entertainers & entertainment groups, Economic aspects, Company legal issue, Investigations, Music industry, United States. Securities and Exchange Commission, Online music trading, File sharing

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Sony BMG completes overhaul by naming operations chief

Article Abstract:

Tim Bowen has been named Chief Operating Officer of Sony BMG of the United States, replacing Michael Smellie. There has been shuffling of top management at the recording industry giant since the formation of its joint venture in 2004. Sony BMG is the world's second largest music company.

Executive changes & profiles, Officials and employees, Appointments, resignations and dismissals, Sound recording industry, Recording industry, Company overview, Sony BMG Music Entertainment, Bowen, Tim

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Universal slashes price of CDs in U.S

Article Abstract:

Universal Music Group has reduced the suggested retail price of almost all of its U.S. compact discs. The group lowered U.S. prices to $12.98 (11.96 euros). This represents a decline of almost 32%.

Integrated Record Production/Distribution, Digital Audio Discs, Compact disc industry, Compact disk industry, Compact discs, Universal Music Group

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